Spruce House Investment Management Has Lifted By $67.00 Million Its Wayfair (W) Stake; TOWERSTREAM (TWER) Shorts Lowered By 1.88%

June 23, 2018 - By Darrin Black

Towerstream Corporation (OTCMKTS:TWER) Logo

TOWERSTREAM CORP (OTCMKTS:TWER) had a decrease of 1.88% in short interest. TWER’s SI was 20,900 shares in June as released by FINRA. Its down 1.88% from 21,300 shares previously. With 1,600 avg volume, 13 days are for TOWERSTREAM CORP (OTCMKTS:TWER)’s short sellers to cover TWER’s short positions. The SI to TOWERSTREAM CORP’s float is 5.87%. The stock increased 1.92% or $0.05 during the last trading session, reaching $2.65. About 537 shares traded. Towerstream Corporation (OTCMKTS:TWER) has 0.00% since June 23, 2017 and is . It has underperformed by 12.57% the S&P500.

Spruce House Investment Management Llc increased Wayfair Inc (W) stake by 40% reported in 2018Q1 SEC filing. Spruce House Investment Management Llc acquired 1.00M shares as Wayfair Inc (W)’s stock rose 19.78%. The Spruce House Investment Management Llc holds 3.50 million shares with $236.36M value, up from 2.50M last quarter. Wayfair Inc now has $10.23B valuation. The stock increased 0.49% or $0.56 during the last trading session, reaching $114.84. About 2.62M shares traded or 42.86% up from the average. Wayfair Inc. (NYSE:W) has risen 41.52% since June 23, 2017 and is uptrending. It has outperformed by 28.95% the S&P500. Some Historical W News: 08/03/2018 – Wayfair Expands Housewares Offering, Unveils lnspirational Shops, Innovative Features and Faster Delivery for Thousands of Products; 07/03/2018 – Wayfair Rises for 7 Days; Tied for Longest Rally; 02/05/2018 – Wayfair 1Q Loss $107.8M; 15/05/2018 – Wayfair’s Big Bet on Augmented Reality (Video); 22/03/2018 – Report: Wayfair, Levi’s Lead in E-mail Marketing Methods; 02/04/2018 – Same Group that predicted Facebook fallout predicting a crash in $W Wayfair Stock in 2018. $W is the real tax avoider. Short term target $30; 05/03/2018 Trump administration backs states’ bid to collect online sales taxes; 26/04/2018 – Dir Bradley Gifts 421 Of Wayfair Inc; 22/03/2018 – Wayfair Adding 450 Jobs In New York — MarketWatch; 02/04/2018 – WAYFAIR METIONED CAUTIOUSLY BY CITRON RESEARCH

Towerstream Corporation, together with its subsidiaries, provides fixed wireless broadband services over a wireless network transmitting over regulated and unregulated radio spectrum to commercial clients in the United States. The company has market cap of $1.05 million. The companyÂ’s wireless broadband service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data, and video services. It currently has negative earnings. It serves business clients in New York City, Boston, Chicago, Los Angeles, San Francisco, Seattle, Miami, Dallas-Fort Worth, Houston, Philadelphia, Las Vegas-Reno, and Providence-Newport.

More recent Wayfair Inc. (NYSE:W) news were published by: Seekingalpha.com which released: “Wayfair posts statement on SCOTUS decision” on June 21, 2018. Also Bizjournals.com published the news titled: “Wayfair finalizes Boston’s second-largest office deal of 2018” on June 18, 2018. Fool.com‘s news article titled: “Why Wayfair Stock Gained 48% in May” with publication date: June 06, 2018 was also an interesting one.

Since January 1, 2018, it had 1 buy, and 92 sales for $19.50 million activity. The insider Macri Edmond sold 600 shares worth $40,926. The insider Mulliken John Champlin sold $14,029. $25,812 worth of stock was sold by HARBOURVEST PARTNERS 2007 DIRECT ASSOCIATES L.P. on Tuesday, May 22. On Sunday, January 21 FLEISHER MICHAEL D sold $294,971 worth of Wayfair Inc. (NYSE:W) or 3,330 shares. Oblak Steve sold $37,336 worth of Wayfair Inc. (NYSE:W) on Monday, January 29. Rodrigues Romero had sold 126 shares worth $8,416. $184,120 worth of Wayfair Inc. (NYSE:W) was sold by Conine Steven on Wednesday, May 30.

Wayfair Inc. (NYSE:W) Institutional Positions Chart

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